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Watkin12 Limited

11132045

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

DECHRAU’R DYFFRYN IFOR TERRACE, BRIDGEND, CF35 6ET
Incorporated 03/01/2018

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

93199
Other amusement and recreation activities

Officers

Former

Mr Owen Paul Watkin

director · Resigned 03/01/2018

Persons with Significant Control

Mr Owen Paul Watkin

75–100% shares
75–100% votes
Appoint directors

British · Wales · Age 29

Dechrau'R Dyffryn, Ifor Terrace, Blackmill, CF35 6ET

Notified 03/01/2018

CompanyRankvs 2136+ SIC 93199 peers
74

Financial strength77th percentile among SIC peers · 19/25
Employees71th percentile among SIC peers · 11/15
LiquidityCurrent ratio 9.18× · 20/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength19/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees11/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity20/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity9/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 31/01/2025

Net Worth

£22k

Balance sheet strength

Cash

Cash in the bank

Net Current Assets

£22k

Working capital

Current Assets

£24k

Current Liabilities

£3k

Fixed Assets

£2k

2avg. employees

Tax at Year End(2023)

Corp tax£4k

Balance Sheet

Assets less current liabilities£24k
Signed by Mr Owen Watkin 05/05/2025Prepared with Acorah Software Products - Accounts Production

EstimatesDerived

YearCurrent RatioImplied Profit
20259.18-£3k
20248.22
20236.15

Derived from filed accounts. Not audited figures.